to: allow for minimum standards under the National Employment Standards to relate to superannuation contributions; and require employers to provide information to employees in relation to employer superannuation contributions for each pay period;

Superannuation Guarantee (Administration) Act 1992

to: clarify that amounts contributed to a superannuation fund by an employee or Retirement Savings Account under a salary sacrifice arrangement are not employer contributions; remove the current exemption for employers not to make superannuation contributions to employees who are paid less than $450 in a calendar month; remove certain restrictions on choice of superannuation fund; and provide for a review of employers’ compliance with superannuation payment obligations by the Commissioner of Taxation;

Superannuation Industry (Supervision) Act 1993

to create a duty for trustees of superannuation entities to take reasonable steps to notify their members when it could reasonably have expected them to have received a contribution from an employer, but did not; and

Taxation Administration Act 1953

to require additional information to be provided to the commissioner in annual member information statements.

to: provide that the Fair Work Commission must not consider it appropriate to terminate an enterprise agreement if the terms and conditions of employment of any employee covered by the agreement would, immediately after the termination, be less favourable than the employee’s terms and conditions of employment immediately before the termination; and invalidate any decision of the commission to terminate an agreement since 22 April 2015, if the decision would not have met the new requirements.

Introduced with the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures No. 1) Bill 2017 to establish the First Home Super Saver Scheme, the bill imposes a first home super saver tax on individuals who have not entered into a contract to purchase or construct their first home or recontributed the required amount into superannuation.

to: establish a new licensing regime requiring administrators of designated significant financial benchmarks to obtain a benchmark administrator licence from the Australian Securities and Investments Commission (ASIC); enable ASIC to make rules imposing a regulatory framework for licensed benchmark administrators and related matters; and create offences and penalties for manipulation of financial benchmarks;

Productivity Commission Act 1998

to provide for the appointment of an additional commissioner to oversee the work of the Productivity Commission in relation to the evaluation of policies and programs that have an impact on Indigenous persons; and

to: provide that travel expenditure incurred in gaining or producing assessable income from residential premises is not deductible, and not recognised in the cost base of the property for capital gains tax purposes; and limit deductions for plant and equipment assets used for producing assessable income from residential premises to when the asset was first used for a taxable purpose;

Foreign Acquisitions and Takeovers Act 1975

to implement an annual vacancy fee on foreign owners of residential real estate where residential property is not occupied or genuinely available on the rental market for at least six months in a 12-month period; and